What is employee referral in SAP LOD-SF-RMK - Recruiting Marketing?

SAP Term: employee referral

• Component: LOD-SF-RMK

• Component Name: Recruiting Marketing

• Description: The recommendation, by a current employee of a company, of a potential candidate for a current or future open position at the same company.

Smart SAP Assistant

• Key Concepts: 
  Employee referral is a recruitment process in which current employees of an organization refer potential candidates for open positions. This process is often used to fill positions quickly and efficiently, as the referred candidates are usually already familiar with the company and its culture. 
  
  How to use it: 
  Employee referral is a feature of the Recruiting Marketing component of SAP SuccessFactors. This component allows companies to create and manage employee referral programs, track referrals, and reward employees for successful referrals. It also provides tools for managing job postings, tracking applicants, and creating reports. 
  
  Tips & Tricks: 
  When setting up an employee referral program, it is important to ensure that all employees are aware of the program and understand how it works. Additionally, it is important to provide incentives for successful referrals, such as bonuses or gift cards. 
  
  Related Information: 
  The Recruiting Marketing component of SAP SuccessFactors also includes features such as job postings, applicant tracking, and reporting. Additionally, SAP SuccessFactors offers other components such as Performance & Goals, Learning Management, and Compensation Management.